We never imagined riding Sibanye-Stillwater to a price-point that exceeded our initial target on the back of Palladium, but that’s what happened. Palladium, however, is not a trade in which we have a great deal of confidence going forward, so we rang the register for a return of 142%.
Our cash reserves have been boosted to 15% of the Fund and we are eager to put it to work.
Long-Term Price Case $2,000/oz. Au Flagship Project Grassy Mountain Mineral Resources 367,916 AuEq ozs. Shares Outstanding 32,960,000 Market Cap 42,848,000 Recoveries Au/Ag 92.8%/73.5% Average Annual Production 45,989 AuEq…
PRICE ODDS IMPLIED PROBABILITY DECIMAL MONEYLINE 265.22 2/9 81.82% 1.22 -450 291.26 5/6 54.55% 1.83 -120 333.40 15/7 31.82% 3.14 +214 404.85 10/1 9.09% 11.00 +1000 A few…